[P2P-F] Germany has Hidden Debt??
Dante-Gabryell Monson
dante.monson at gmail.com
Wed Sep 28 12:31:41 CEST 2011
Would be interesting to compare such figures with other aging "developed"
countries ?
Possibly similar kinds of figures can be found ?
///
Perhaps a major question is "who owns the debt" ?
///
In the case of Japan, debt is at 227 percent in 2010, but is almost entirely
Japanese owned.
///
As for External Debt , some countries like Germany or Japan have export
surpluses to compensate it ?
http://www.indexmundi.com/germany/debt_external.html
///
What I am interested in, is Central Banks buying over debt, with money they
create out of thin air, increasing the monetary mass, but eventually leading
to debasing the currency.
When looking at who owns US debt, it is not as much the Chinese or the
Japanese, as the Private Central Bank / "The Fed" ?
( I remember a chart, where one could see that one of the big US debt buyers
is the federal reserve... - but I can not find that reference right now )
here is another link :
http://theeconomiccollapseblog.com/archives/ponzi-scheme-the-federal-reserve-bought-approximately-80-percent-of-u-s-treasury-securities-issued-in-2009
as for other US debt owners
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-how-big-who-owns
In the case of the US dollar, freeloading on the dollar being a world
reserve currency ?
///
http://www.2point6billion.com/news/2010/03/04/china-debt-96-percent-of-gdp-by-2011-4261.html
The United States’ debt to GDP ratio is 94 percent, the United Kingdom is
at 380 percent, Japan at 227 percent, Greece at 115 percent and Spain at 70
percent.
//
http://www.currentusanationaldebt.com/National-Debt-of-Japan.html
Japan carries a huge debt load, but it is different than what other
countries carry. The key issue is not the debt itself, but who owns it. In
this case, the Japanese debt is owned almost entirely by the citizens and
companies of the country.
On Wed, Sep 28, 2011 at 11:18 AM, robert searle <dharao4 at yahoo.co.uk> wrote:
>
> I think the following maybe of interest.
>
> *Germany Has 5 Trillion Euros of Hidden Debt, Handelsblatt Says<http://www.bloomberg.com/news/2011-09-23/germany-has-5-trillion-euros-of-hidden-debt-handelsblatt-says.html>
> *
> www.bloomberg.com
> Germany’s public debt is much higher than officially shown, Handelsblatt
> reported, citing calculations by Bernd Raffelhueschen, an economics
> professor at Freiburg University.
>
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